Regulation 34 Calculation of initial tariffs

The initial tariff for an accredited domestic plant is calculated in accordance with this regulation.

Where the first commissioning date for the accredited domestic plant is earlier than the relevant date or its tariff start date is earlier than 1st October 2014, the initial tariff is the tariff for the plant’s tariff category set out in Schedule 5.

In any other case, the initial tariff is calculated in accordance with the following formula—

$$A\times B$$

where—

1. (a)

   A is calculated in accordance with regulation 35; and

2. (b)

   B is calculated in accordance with regulation 36.